All Forum Posts by: Anderson Banegas Cerrato

Response for Dalton Foote:

Hey Dalton,

That’s an exciting goal for 2025! Leveraging your GC company for value-add multifamily is a huge advantage. Along with driving for dollars, you might explore networking with local property managers—they often know distressed properties or landlords looking to sell. Also, keep an eye on direct mail campaigns; reaching out to out-of-state owners can yield great results.

What markets are you targeting? I’d love to hear more about your strategy and connect—this is right in line with my goals too!

Best,

Anderson

Response for Sara Salinaro:

Hi Sara,

I love the ambition—starting with a clear long-term goal like large-scale hotels is how you make big things happen! I’m also a newbie to commercial real estate, focusing on multifamily, but I’ve found that many principles overlap across asset types. A few resources that might help:

• Books: The Millionaire Real Estate Investor by Gary Keller and How to Create Wealth Investing in Real Estate by Grant Cardone.

• Documentaries: Check out The Queen of Versailles for insights into the challenges of hotel investments.

• Podcasts: The BiggerPockets Commercial Real Estate Podcast has episodes on niche asset classes, including hotels.

What’s drawn you to hotels specifically? I’d love to hear about your vision and share ideas as we both grow in this space. Let’s connect and learn together!

Best,

Anderson

Response for Abigail Katherine Grier:

Hey Abigail,

Congrats on your first property—that’s such an exciting step! I’m not in Tyler, but I know how important it is to find like-minded people when starting out. Have you checked out local REIA groups or Meetup.com? They’re usually a goldmine for networking and connecting with experienced investors in your area.

What kind of property did you buy? I’d love to hear more about your experience so far and what you’re looking to achieve in real estate. Let’s connect—always great to share ideas with fellow investors!

Best,

Anderson

Response for Jeff Tumbarello:

Hey Jeff,

This sounds like an incredible event—Mike Lyons’ expertise spans so many aspects of residential real estate. His focus on avoiding emotional decisions when investing is a game-changer, especially for those of us looking to build smart portfolios.

Are you attending the meeting? I’d love to hear your thoughts afterward, especially if there are key insights about spotting red flags. This kind of knowledge is invaluable for anyone serious about growing their investments strategically. Let’s connect—I’d enjoy hearing what stood out to you!

Best,

Anderson

Response for Jill Patton:

Hi Jill,

Congrats on snagging a property at a foreclosure auction—that’s a big move! For insurance in South Florida, I’ve heard good things about companies like Citizens and some specialized providers that focus on high-risk areas. It’s also worth connecting with local agents who know the market and can find coverage tailored to your needs.

What’s the plan for your new rental? I’d love to hear more about the property and how you’re planning to approach the rental market there. Let’s connect—it’s always great to learn from others working in South Florida!

Best,

Anderson

Hey Matt,

Long-distance investing can open up great opportunities—sounds like you’ve been making it work well! I haven’t personally worked with Five Stream Ventures, but I’ve found that vetting companies like these is all about the referrals and track record. Have you tried reaching out to others who’ve used their services?

What’s the new area you’re looking into? I’d love to hear about your strategy and how you approach due diligence when expanding to new markets. Let’s connect—I’m always looking to learn from experienced investors like you!

Best,

Anderson

Hey Steven,

Great question, and it’s smart that you’re thinking ahead about protecting your investment. Transitioning from builder’s risk to a regular property insurance policy might be the way to go if the sale takes longer than expected. I’ve heard some investors negotiate with their providers for extended coverage or switch to a landlord or vacant property insurance plan until the spec sells.

What type of spec build are you working on? I’d love to hear more about the project and your experience with selling new construction. This is an area I’m always curious about, so let’s keep the conversation going!

Best,

Anderson

Hey Neil,

Welcome to the forum and to exploring NYC real estate! The Upper East Side is a fantastic area, and your budget gives you great options to consider. While I haven’t invested in NYC specifically, I can share a bit of perspective:

For a 3-year timeline, buying can make sense if you’re confident in the market’s appreciation and can find a condo with flexibility for renting it out later. Co-ops often come with stricter rules, so a condo might be better for short-term ownership.

What’s exciting about your journey is that NYC has so many unique opportunities—you’re not just buying a place; you’re investing in a lifestyle. Let me know how your search goes. I’d love to hear what you decide and connect more about your experience.

Best,

Anderson

Rick,

Your property is your business, and every decision should protect that investment. That said, tenants are people facing their own challenges. If you choose not to renew the lease, it’s not “wrong”; it’s practical. Just communicate your decision with empathy. You’re not just managing a property—you’re building relationships and your reputation.

For late payments, always stay in control. Offer a clear and structured plan that works for you first, but show you’re willing to collaborate. This not only secures your cash flow but could also turn a problematic tenant into a reliable one.

The key is balancing protecting your business with connecting as a human being. Good luck!

Anderson

Hey Sergey,

I’ve run into this exact issue when trying to establish my own online presence for out-of-state ventures. Google is definitely strict about virtual addresses, so I’d tread carefully with services like iPostal1. What worked for me was partnering with a trusted local business or coworking space in the area and using their address (with their consent, of course). It not only solved the GMB issue but also helped build relationships in the local market.

Another option is setting up a legitimate virtual office through companies that specialize in meeting Google’s requirements—just make sure they provide suite numbers and not P.O. boxes.

This process can be frustrating, but getting it right adds so much credibility to your business. Let me know how it goes—I’d love to hear what you end up doing!